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of people who would have been eligible under pre-recession subsidy rules. The non-elderly parts of the safety net have …
Persistent link: https://www.econbiz.de/10012461004
people who would have been eligible under pre-recession subsidy rules. In 2007, the non-elderly parts of the safety net paid …, the annual subsidy rate per person-year unemployed was up to $16,000. As a result, the average private returns to …
Persistent link: https://www.econbiz.de/10012460571
The econometric consensus on the effects of social spending confirms a puzzle we confront in the raw data: There is no clear net GDP cost of high tax-based social spending on GDP, despite a tradition of assuming that such costs are large. The paper offers five keys to this free lunch puzzle....
Persistent link: https://www.econbiz.de/10012468828
The extent of social expenditures in the U.S. and the Nordic Countries is compared in the early 1900s and again in the early 2000s. The common view that America spends much less on social welfare than the Nordic countries does not survive closer inspection when we consider the differences in the...
Persistent link: https://www.econbiz.de/10012462671
This paper determines the standard of living reductions that young, middle aged, and older households would experience were the U.S. government to cut Social Security benefits (but not taxes) to deal with its well documented (see Gokhale and Smetters, 2005) long-term fiscal crisis. To determine...
Persistent link: https://www.econbiz.de/10012465964
In 1980, Chile dramatically reformed its retirement system, replacing what was an old insolvent PAYGO program with a new structure that relies heavily on funded defined contribution individual accounts. In addition, eligibility and benefit requirements were standardized, and a safety net for...
Persistent link: https://www.econbiz.de/10012466264
A complete account of the U.S. child care subsidy system requires an understanding of its implications for both … fill this gap by examining the impact of child care subsidy receipt on maternal health and the quality of child … of family well-being. In addition, we attempt to handle the possibility of non-random selection into subsidy receipt by …
Persistent link: https://www.econbiz.de/10012460886
receiving a child care subsidy among disadvantaged mothers with young children. In particular, we collect data on the location … families must travel from home in order to reach the nearest office that administers the subsidy application process. Using … in the distance to a public human services agency reduces the likelihood that a family receives a child care subsidy …
Persistent link: https://www.econbiz.de/10012461188
of the criticisms of the current subsidy system, however, is that it overemphasizes work and does little to encourage … care subsidies for child development. In this paper, we provide a systematic assessment of the impact of subsidy receipt on … relationship between child care subsidies and child development. In particular, our results suggest that subsidy receipt in the …
Persistent link: https://www.econbiz.de/10012464174
impending demographic changes in Japan, the Federal Republic of Germany, Sweden and the United States. The simulation results …
Persistent link: https://www.econbiz.de/10012476222